Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times
International Business Times
Business

France's Government Suspends Pensions Reform In New Budget Bill

France's Prime Minister Sebastien Lecornu promised to suspend the reform to ensure his government's survival (Credit: AFP)

France's government on Thursday moved to delay the application of a controversial 2023 pensions reform, but sparked criticism for seeking to pay for it with increased health insurance taxes and frozen pensions.

The measure comes with France mired in political deadlock since President Emmanuel Macron last year called for snap parliamentary polls, which he hoped would cement his power but instead ended up in his centrist bloc losing its majority.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.